Reports Q1 revenue $3.54B, consensus $3.48B. Reports Q1 client assets under administration of $1.56T. “Fiscal 2025 started strong with year-over-year revenue growth of 17% and net income growth of 21% in the fiscal first quarter, driven by record asset management and related administrative fees and robust investment banking revenues,” said chair and CEO Paul Reilly. “Despite some seasonal headwinds, we are optimistic entering the fiscal second quarter with strong client asset levels, solid loan growth and healthy activity levels for both financial advisor recruiting and investment banking.”
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RJF:
- RJF Upcoming Earnings Report: What to Expect?
- “Strong Buy” Rating Sends Reddit (RDDT) Stock to Record High
- Raymond James price target raised to $175 from $150 at JMP Securities
- Raymond James price target raised to $170 from $145 at Citi
- Raymond James downgraded to Neutral from Overweight at JPMorgan